For crypto enthusiasts, there was the βgmβ app, a self-described βmeme appβ which only allowed users to greet each other with βgm,β or βgood morning,β a common acronym thrown around on Crypto Twitter and Discord. But the gm app was shut down back in September after a hacker reportedly gained access to user data. The group also hosted discussions on committing arson, Judge Hui said, including setting roadblocks on fire, hurling petrol bombs at police stations and teaching people to make such weapons. The conversation linked to arson went on for two to three months, Hui said. Earlier, crypto enthusiasts had created a self-described βmeme appβ dubbed βgmβ app wherein users would greet each other with βgmβ or βgood morningβ messages. However, in September 2021, the gm app was down after a hacker reportedly gained access to the user data. Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021. Hashtags
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